As American Quarter Horse owners are making plans for the 2013 show season, they should keep in mind annual AQHA Incentive Fund competition licenses, which expire December 31, 2012. If owners wish to receive money for points earned in 2013, they must complete a competition license for each Incentive Fund-nominated horse before the horse competes.
The addition of competition licenses was included in changes made to the Incentive Fund, effective January 1, 2012. One hundred percent of competition license fees collected are added to the fund to help increase point values. To receive Incentive Fund payout, owners must pay a competition license fee of $50 for the amateur division and $50 for the open division per horse. The fee can be paid any time during the year, and will become effective when it’s received by AQHA or by show management. Points earned prior to paying the annual license fee will not be Incentive Fund-eligible.
Download the 2013 AQHA Incentive Fund competition license.
“If an owner or exhibitor arrives at a show, only to realize that he hasn’t paid the annual license fee yet, that’s OK – license fees can be paid at the show and will be effective immediately,” said Tom Persechino, AQHA executive director of competition and breed integrity.
Changes made to the Incentive Fund were done so with owners, breeders and exhibitors in mind, with the distinct goal of increasing the point value.
“While Incentive Fund eligibility makes foals more attractive at the time of sale, and thus provides stallion owners and breeders with a return on their investment, AQHA wanted to investigate other revenue streams for the Incentive Fund – that’s how the $50 per division fee came into existence,” Persechino explained.
Please take the time to complete the 2013 Incentive Fund license form and mail it back to the address provided or call AQHA Customer Service at (806) 376-4811 to pay over the phone.